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Aliso Viejo Short Sale Real Estate

Aliso Viejo Short Sale Real Estate report.

by vbindi on January 9, 2012

The following report is for standard sales and short sales in Aliso Viejo. This article is brought to you by the realtor experts at the Short Sales ASAP group, who are #1 in short sale property sales in Orange County. Currently, there are a total of 39 detached homes listed for sale in Aliso Viejo, California. The median price of these active homes for sale is $649,900 and the average price per square foot is $305. Of this total, 10 are short sale listings active for sale. These short sale listings represent 26% of the total inventory of detached homes for sale. The median price of these short sale properties is $529,000 and the average price per square foot is $267.

Currently, there are 30 detached homes under contract in escrow, and the median price of these pending properties is $539,900. Of this total pending properties, 19 are short sales, which is 63% of the total detached properties in escrow in Aliso Viejo. The median price is $514,900.

In the past 90 days, there have been a total of 35 detached homes that have sold and closed escrow in Aliso Viejo. The median price of these sold homes was $610,000 and the average price per square foot was $283. Of this total were 7 short sale properties, which was 20% of the total sales. The median price was $443,500, and the average price per square foot was $280.

For more information about short sale homes and condos, please visit our website at: Aliso Viejo Short Sale Real Estate. To speak with a Short Sale professional, or to set an appointment, feel free to call: (888) 201-7066, or email us at: Info@ShortSalesASAP.com.

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Aliso Viejo Short Sale Real Estate report

by vbindi on September 2, 2011

This report is for standard sales and short sales in Aliso Viejo. This article is brought to you by the realtor experts at the Short Sales ASAP group, who are #1 in short sale property listings and closings in Orange County. Currently, there are a total of 107 detached homes listed for sale in Aliso Viejo, California. The median price of these active homes for sale is $525,000 and the average price per square foot is $286. Of this total, 32 are short sale listings active for sale. These short sale listings represent 30% of the total inventory of detached homes for sale. The median price of these short sale properties is $425,000 and the average price per square foot is $258.

For attached condominiums, there are 125 condo units currently listed for sale in Aliso Viejo. The median price for these listed condominiums is $299,900 and the average price per square foot is $242. Of this total, 63 are short sale condo listings. The median price of these short sale condos is $275,000, and the average price per square foot is $227. The ratio of short sale condo listings to listings is 50%.

Currently, there are 63 detached homes under contract in escrow, and the median price of these pending properties is $519,000. Of this total pending properties, 34 are short sales, which is 54% of the total detached properties in escrow in Aliso Viejo. The median price is $465,000.

For condominiums, there are now 111 attached units in escrow, and the median price is $289,000. Of this number, 73 are short sales in escrow in Aliso Viejo. These short sale condos are 66% of the total units in escrow, and the median price is $262,000.

In the past 90 days, there have been a total of 74 detached homes that have sold and closed escrow in Aliso Viejo. The median price of these sold homes was $486,000 and the average price per square foot was $274. Of this total were 19 short sale properties, which was 26% of the total sales. The median price was $405,000, and the average price per square foot was $252.

For attached condos, there have been a total of 127 condominium sales in the past 3 months. The median price was $271,000, and the average price per square foot was $234 in Aliso Viejo. In addition, there were 35 short sale condos that sold and closed escrow during this same period of time, which was 28% of the total number of units sold. The median price of the sold short sale condos was $255,000, and the average price per square foot was $212.

As can be seen above, the ratio of Pending in Escrow short sale listings, to Pending total listings is a much higher percentage, compared to the ratio of Sold short sale properties to Sold total properties. This illustrates that short sales fail at a high rate. Property owners who owe more than their home is worth, should seek to work with an experienced Aliso Viejo short sale realtor. For more information, feel free to call: (888) 201-7066, or email us at: Info@ShortSalesASAP.com.

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Short Sale Listing Report Aliso Viejo

by vbindi on November 17, 2010

This report is for standard sales and short sales in Aliso Viejo . This article is brought to you by the realtor experts at the Short Sales ASAP group, who are #1 in short sale property listings and closings in Orange County. Currently, there are a total of 68 detached homes listed for sale in Aliso Viejo , California. The median price of these active homes for sale is $599,500 and the average price per square foot is $297 . Of this total, 24 are short sale listings active for sale. . These short sale listings represent 35% of the total inventory of detached homes for sale. The median price of these short sale properties is $525,000 and the average price per square foot is $280 .

For attached condominiums, there are 200 condo units currently listed for sale in Aliso Viejo . The median price for these listed condominiums is $339,900 and the average price per square foot is $269 . Of this total, 97 are short sale condo listings. The median price of these short sale condos is $300,000 , and the average price per square foot is $253 . The ratio of short sale condo listings to listings is 49% .

Currently, there are 44 detached homes under contract in escrow, and the median price of these pending properties is $509,900 . Of this total pending properties, 21 are short sales, which is 48% of the total detached properties in escrow in Aliso Viejo . The median price is $469,900 .

For condominiums, there are now 114 attached units in escrow, and the median price is $319,900 . Of this number, 84 are short sales in escrow in Aliso Viejo . These short sale condos are 74% of the total units in escrow, and the median price is $314,900 .

In the past 90 days, there have been a total of 55 detached homes that have sold and closed escrow in Aliso Viejo . The median price of these sold homes was $610,000 and the average price per square foot was $293 . Of this total were 8 short sale properties, which was 15% of the total sales. The median price was $525,000 , and the average price per square foot was $259 .

For attached condos, there have been a total of 112 condominium sales in the past 3 months. The median price was $340,000 , and the average price per square foot was $263 in Aliso Viejo . In addition, there were 37 short sale condos that sold and closed escrow during this same period of time, which was 33% of the total number of units sold. The median price of the sold short sale condos was $290,000 , and the average price per square foot was $253 .

As can be seen above, the ratio of Pending in Escrow short sale listings, to Pending total listings is a much higher percentage, compared to the ratio of Sold short sale properties to Sold total properties. This illustrates that short sales fail at a high rate. Property owners who owe more than their home is worth, should seek to work with an experienced Aliso Viejo short sale realtor. For more information, feel free to call: (888) 201-7066, or email us at: Info@ShortSalesASAP.com.

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Aliso Viejo Short Sale Realtor report

by vbindi on August 12, 2010

This report is for standard sales and short sales in Aliso Viejo . This article is brought to you by the realtor experts at the Short Sales ASAP group, who are #1 in short sale property listings and closings in Orange County. Currently, there are a total of 104 detached homes listed for sale in Aliso Viejo , California. The median price of these active homes for sale is $565,000 and the average price per square foot is $308 . Of this total, 33 are short sale listings active for sale. . These short sale listings represent 32% of the total inventory of detached homes for sale. The median price of these short sale properties is $495,000 and the average price per square foot is $289 .

For attached condominiums, there are 129 condo units currently listed for sale in Aliso Viejo . The median price for these listed condominiums is $319,900 and the average price per square foot is $271 . Of this total, 72 are short sale condo listings. The median price of these short sale condos is $295,000 , and the average price per square foot is $263 . The ratio of short sale condo listings to listings is 56% .

Currently, there are 60 detached homes under contract in escrow, and the median price of these pending properties is $549,900 . Of this total pending properties, 28 are short sales, which is 47% of the total detached properties in escrow in Aliso Viejo . The median price is $450,000 .

For condominiums, there are now 115 attached units in escrow, and the median price is $285,000 . Of this number, 81 are short sales in escrow in Aliso Viejo . These short sale condos are 70% of the total units in escrow, and the median price is $275,000 .

In the past 90 days, there have been a total of 74 detached homes that have sold and closed escrow in Aliso Viejo . The median price of these sold homes was $575,000 and the average price per square foot was $283 . Of this total were 23 short sale properties, which was 31% of the total sales. The median price was $560,000 , and the average price per square foot was $247 .

For attached condos, there have been a total of 147 condominium sales in the past 3 months. The median price was $350,000 , and the average price per square foot was $346 in Aliso Viejo . In addition, there were 57 short sale condos that sold and closed escrow during this same period of time, which was 39% of the total number of units sold. The median price of the sold short sale condos was $316,000 , and the average price per square foot was $236 .

Property owners who owe more than their home is worth, should seek to work with an experienced Aliso Viejo short sale realtor. For more information, feel free to call: (888) 201-7066, or email us at: Info@ShortSalesASAP.com.

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Aliso Viejo Short Sale Realtor report.

by vbindi on February 10, 2010

This report is for standard sales, short sales and bank REO sales statistics in Aliso Viejo . This article is brought to you by the realtor experts at the Short Sales ASAP group, who are #1 in short sale property listings and closings in Orange County. Currently, there are 41 detached homes listed for sale in Aliso Viejo , California. The median price of these active homes for sale is $585,000 and the average price per square foot is $293 . Of this total, 19 are short sale listings active for sale, and another 1 are bank owned REO’s, for a total of 20 financially distressed single family homes in Aliso Viejo . These distressed home listings represent 49% of the total inventory of detached homes for sale. The median price of these distressed properties is $570,000 and the average price per square foot is $265 .

For attached condominiums, there are 68 condo units currently listed for sale in Aliso Viejo . The median price for these listed condominiums is $349,000 and the average price per square foot is $270 . Of this total, 43 short sale condo listings, and another 3 are bank owned foreclosed condos listed for sale in Aliso Viejo , for a grand total of 46 financially distressed condo listings. The median price of these distressed condos is $319,000 , and the average price per square foot is $256 . The ratio of distressed condo listings to the total listings is 68% .

Currently, there are 57 detached homes under contract in escrow, and the median price of these pending properties is $529,000 . Of this total pending properties, 37 are short sales, and another 2 are bank owned REO properties. This is a total of 39 financially distressed homes, which is 68% of the total detached properties in escrow in Aliso Viejo , and the median price is $550,000 .

For condominiums, there are now 132 attached units in escrow, and the median price is $310,000 . Of this number, 101 are short sales in escrow, and 14 are bank owned REO condos in escrow in Aliso Viejo . This total of 115 distressed condos is 87% of the total units in escrow, and the median price is $357,000 .

In the past 90 days, there have been a total of 70 detached homes that have sold and closed escrow in Aliso Viejo . The median price of these sold homes was $542,000 and the average price per square foot was $288 . Comprising of this total were 17 short sale properties, and 7 bank owned foreclosure homes, for a total of 24 distressed homes that have sold in Aliso Viejo in the past 3 months. This number of distressed sales is 34% of the total, and the median price was $534,000 , and the average price per square foot was $286 .

For attached condos, there have been a total of 126 condo sales in the past 3 months. The median price was $320,000 , and the average price per square foot was $252 in Aliso Viejo . In addition, there were 50 condos that sold and closed, and another 27 REO units that sold in the past 90 days. This was a total of 77 distressed condos, which is 61% of the total number of units sold in this period. The median price of the sold condos was $290,000 , and the average price per square foot was $238 .

As can be seen above, the ratio of Active distressed listings, to Active total listings is a much higher percentage, compared to the ratio of Sold distressed properties to Sold total properties. This illustrates that short sales fail at a high rate. Therefore, property owners who owe more than their home is worth, should work with an experienced Aliso Viejo short sale realtor. For more information, feel free to call: (888) 201-7066, or email us at: Info@ShortSalesASAP.com.

Aliso Viejo Short Sale – Case Study #29

by vbindi on April 1, 2009

This Short Sale Case Study outlines another successful short sale transaction that was conducted for a detached home located in the Vista De Oro subdivision in Aliso Viejo, Ca.

ORIGINAL PURCHASE:  This large detached home was bought by the homeowner in March of 2007′ for $770,000.  This home was purchase using Zero down financing, and there was a 1st Mortgage with a loan balance of $620,000 and a 2nd mortgage with a loan balance of $150,000.   The fist loan was a fixed rate mortgage and the 2nd loan was an adjustable rate loan.

This single family detached home was 4 bedroom, 3 bath,  2,200 square foot home, with 2 car garage.  This property was sold and closed escrow in December of 2008,  via a Short Sale by the Aliso Viejo  ShortSalesASAP company.

FINANCIAL CRISIS:  Home values have decrease by about 35% since the peak in pricing in Spring of 2006′,  throughout Orange County, CA. and in Aliso Viejo as well.   This Aliso Viejo short sale property dropped in value by about 25? % From the time this home was purchased in 2007′, until it was sold at the end of 2008′.

The homeowner was having financial difficulties and was having a very hard time keeping up with their loan payments.  Their debt to income ratio was to high to qualify for a Loan Modification, and the home was upside down by about $200,000.

SHORT SALE PREPARATION: This Aliso Viejo home was initially put in our Short Sale Preparation Phase. Here we gather all of the required documents from the homeowner and contact the banks to present our short sale case.  With some hard knock negotiations, our expert team was able to obtain preliminary approval for the Short Sale along with terms and conditions.   This Preparation Phase took about 4 weeks to complete.  During that time the homeowner was able to live in the property as normal, with no interruptions from other agents or prospective home buyers, and due to their hardship, were forced to stop making their mortgage payments and lived rent free.

SHORT SALE MARKETING & SALE: the next phase was the  Marketing-Sales of the pre-approved short sale.  The home was marketed heavily and posted in the Multiple Listing Service (MLS) for a price of at a price of $649,000. After a period of about 3 weeks, the price was dropped to $599,900.  We finally found a qualified Buyer and after several counter offers, we were able to get them to offer $580,000 to purchase this home.

CLOSING PHASE: After the purchase offer was signed by the buyer and seller, we opened escrow for the new buyer.  We packaged the purchase offer, Short Sale disclosures and Buyers loan qualification paperwork. We submit the updated package to the 1st and 2nd mortgage banks.  Our post short sale specialist then expedites the delivery of these documents to the bank negotiators to finalize the short sale and obtain the approval letters in writing.

Many people ask us why a mortgage bank would accept a short sale.  Well the reasons are many, but the bottom line is that banks have determined that they loose 15% more when they are foreclose as compared to accepting a short sale.  These savings are due to reducing loss of the time value of money, avoiding property damages, eliminating foreclosure legal expenses, and minimizing bank management overhead expenses.

FINAL RESULT:  At the completion of this short sale, the homeowners mortgage debt was completely eliminated.   The homeowner lived in their home during this short sale process and did not have to make any loan  payments. They were also able to rent a comparable home for substantially less then what their payments used to be. In addition, the homeowners credit was less damaged by the short sale as compared to a foreclosure. In addition, Fannie Mae (FNMA) altered their underwriting policy, so that a past homeowner only has to wait 2 years before they can buy another home using FNMA underwritten loans.  If the homeowner went through foreclosure, the waiting period would be  5 years !

ShortSaleASAP is licensed with the California Department of Real Estate, and our services are free to the homeowner, for we are paid by the mortgage bank(s). If you have any questions regarding Short Sales, contact our team of experts at: (949) 388-3396 or drop us an email at: Info@ShortSalesASAP.com

Pre-Foreclosure Home for Sale in Aliso Viejo, Ca.

by Vincent Bindi on February 20, 2008

Price (subject to change): $790K
Type: Detached Home
Bedrooms: 4
Baths: 3
Living Area (SqFt): 2,300
No. of Garages: 3
Stories: 2
Year Built: 1989
Lot Size (SqFt): 8,550
City: Aliso Viejo
Tract: Seawind Ridge
Street: Sora Ct
School District: Laguna Beach  Unified

Property Description: Great home that was a former Model Home.  Located i=on a quiet  cul-de-sac with only 4 homes in the desirable Audubon area of Aliso Viejo.  Large lot with built-in BBQ,  Fountain,  Patio Cover. Marbel flooring plus carpet, mirrored wardrobe closet doors in master, built in speakers thoroughout. Designer shelves for your tresures. 4th bedroom wall removed to have sitting room for Master bedroom. Beautifully kept-up.

Financing: Conventional financing with 20% down and FHA with 3.5% down is available for this home. Interest rates have recently dropped. Seller needs to sell this pre-foreclosure Short Sale property quickly and is priced as such..

Contact: To view this Short Sale home, feel free to Call Us at: 949-388-3396, or email us at: Info@SearchOCHomes.com , or Text Message at: 949-283-4679. We’re easy to talk too. Let us negotiate a great price for you on this Short Sale property for sale in Orange County. Join our FREE and No Obligation Bank Foreclosure and Short Sale home finder service at: www.OCBargainHomes.com

Pre-Foreclosure Condo for Sale in Aliso Viejo, Ca.

by Vincent Bindi on February 7, 2008

Price (subject to change):  $390,000 – $430,000
Type:  Attached Condo
Bedrooms:  2
Baths:  2.5
Living Area (SqFt):   1,436
No. of Garages:  1
Stories:  1
Year Built:  1994
Lot Size (SqFt):  Condo
City:  Aliso Viejo
Tract:   Windwards
Street:  Tortuga Cay
School District:  Capistrano Unified

Property Description:   THIS BEAUTIFUL AND SPACIOUS 2BEDROOM,  2.5BATH CONDO BOASTS OF HIGH CEILINGS AND A FORMAL DINING ROOM IS A MUST SEE! GREAT NEIGHBORHOOD AND LOCATION WITH NO HOME BEHIND IT. MANY UPGRADES THROUGHOUT THIS LOVELY DESIGNER HOME. CUSTOM PAINT, STAINLESS STEEL APPLIANCES, TRAVERTINE FIRE PLACE AND IN MASTER BATHROOM FLOOR. DESIGNER SOLID HARDWOOD THROUGHOUT THE FIRST FLOOR, WOOD BLINDS, DESIGNER CARPET. BEAUTIFUL PATIO IS VERY TASTEFULLY DONE WITH EXOTIC PALMS AND PLANTS. 

Financing:    Conventional financing with 10% or 20% down is available.  Interest rates have recently dropped.  Seller needs to sell  this pre-foreclosure Short Sale property quickly and is priced as such..

Contact:  To view this Short Sale home, feel free to Call Us at:  949-388-3396, or email us at:  Info@SearchOCHomes.com , or Text Message at:  949-283-4679.  We’re easy to talk too.  Let us negotiate a great price for you on this Short Sale property for sale in Orange County.  Join our FREE and No Obligation Bank Foreclosure and Short Sale home finder service at:  www.OCBargainHomes.com

Aliso Viejo Short Sale Detached Home – Sellers Loss, Your Gain !

by Vincent Bindi on January 9, 2008

Price (Price negotiable):  $634,900
Type:  Detached sfr
Bedrooms:  3
Baths:  2.5
Living Area (SqFt):   1,754
No. of Garages:  2
Stories:  2
Year Built:  1990
Lot Size (SqFt):  3,212
City:  Aliso Viejo
Tract:  Seacoast Terraces – Audubon
Street:  Prairie Falcon
School District:  Capistrano Unified

Property Description:   VIEW! VIEW! AMMAZING VIEWS OF CANYON FROM ALMOST EVERY ROOM!! CUL-DE-SAC STREET. GOURMET KITCHEN WITH EXCELLENT VIEW. A MUST SEE!! WALK IN CLOSETS, VAULTED CEILINGS, LIGHT AND BRIGHT, FIREPLACE, WINDOW COVERINGS, UPGRADED SECURITY SYSTEM, CUSTOM BASEBOARDS, UPGRADED LIGHT FIXTURES, LARGE LOFT CAN BE OFFICE OR ADDITIONAL BEDROOM. HARDWOOD FLOORS AND CARPET. 

Financing:    Conventional financing with 10% or 20% down is available.  Interest rates have recently dropped to 6.6% with No Points for Jumbo loans greater then $417,000.    Seller needs to sell  this Short Sale property quickly and is priced as such..

Contact:  To view this Short Sale home, feel free to Call Us at:  949-388-3396, or email us at:  Info@SearchOCHomes.com , or Text Message at:  949-283-4679.  We’re easy to talk too.  Let us negotiate a great price for you on this Short Sale property for sale in Orange County.  Join our FREE and No Obligation Bank Foreclosure and Short Sale home finder service at:  www.OCBargainHomes.com

Aliso Viejo Short Sale Home – Big Price Reduction !

by Vincent Bindi on January 9, 2008

Price (subject to change):  $350,000
Type:  Attached Condo
Bedrooms:  2
Baths:  2.5
Living Area (SqFt):   1,125
No. of Garages:  1
Stories:  1
Year Built:  1992
Lot Size (SqFt):  8857
City:  Aliso Viejo
Tract:   Seacrest Villas – Audubon
Street:  Verdin Ln.
School District:  Capistrano Unified

Property Description:   DUAL MASTER SUITE WITH UPGRADES THROUGHOUT. CUSTOM PAINT COLORS, PLANTATION SHUTTERS, UPGRADED BASEBOARDS, AND CROWN MOLDING. PRIVATE GREENBELT LOCATION. NEAR SHOPPING AND NEXT TO ALISO VIEJO GOLF COURSE. 

Financing:    Conventional financing with 10% or 20% down is available.  Interest rates have recently dropped to 6.6% with No Points for Jumbo loans greater then $417,000.    Seller needs to sell  this Short Sale property quickly and is priced as such..

Contact:  To view this Short Sale home, feel free to Call Us at:  949-388-3396, or email us at:  Info@SearchOCHomes.com , or Text Message at:  949-283-4679.  We’re easy to talk too.  Let us negotiate a great price for you on this Short Sale property for sale in Orange County.  Join our FREE and No Obligation Bank Foreclosure and Short Sale home finder service at:  www.OCBargainHomes.com

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